The property at 27 Ocean View Dr, Morgantown, WV, with its 2 beds and 2.5 baths, presents a solid rental opportunity. With rental potential ranging from $1,300 to $1,800 per month, the estimated annual revenue is between $15.6K and $21.6K. Given the market's stability and neighborhood desirability in Suncrest, expect a payback period of about 10-15 years, assuming standard occupancy and maintenance costs. The townhome's features, such as central cooling and modern heating, enhance its rental appeal, though competition in the area could be a challenge.
To increase its rental value, consider updating the interior to modern standards and possibly adding smart home features. Enhancing curb appeal with landscaping could also attract renters. If selling, highlight the property's prime location and rental potential, focusing on its recent valuation trends, which suggest growth. Address any minor repairs to present the property as a well-maintained, turnkey investment opportunity.